DEN SOMERA
While we’re being lulled by the political circus that unfolded in the House of Representatives last Monday and the unbelievable straightforward and no-cussing delivery of the SONA by President Rodrigo Duterte, a wicked event happened across the globe over the weekend that, when left out of control, may spoil all the fun — and market uptick — we’re now enjoying. This is how oil prices could rise above $250 a barrel out of the threatening stance taken by Iranian President Hassan Rouhani against US President Donald Trump for the latter’s pressure to halt Iranian oil exports over its nuclear program.